Achieve stabilized operations at Mylo
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 31 May 2019
- Due
- 30 Jun 2020
- Checked
- 19 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Mylo Santa Clara, CA 476 $226 $52 Q2 2019 Q2 2020”
What we found
Evidence strength A What the grades mean
As of July 31, 2020, the Mylo property was still in lease-up with 45.8% occupancy, failing to reach the 90% occupancy threshold required for stabilized operations by the Q2 2020 deadline.
-
A Essex Property Trust 10-Q filed 2020-08-05
“A community is generally considered to have reached stabilized operations once it achieves an initial occupancy of 90%.” ✓ confirmed on the page
-
A Essex Property Trust 8-K filed 2020-08-03
“Mylo Santa Clara, CA 476 100% 45.8% In Lease-Up” ✓ confirmed on the page
Market reaction: the shares moved -3.2% against the S&P 500 over the three sessions around the disclosure (31 Jul 2020 to 5 Aug 2020). What this measures
Checked 19 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +184 days
- 2 versions
-
Version 1 · original · stated 31 May 2019
Deadline 30 Jun 2020 (“Q2 2020”)
-
Version 2 · stated 9 Sep 2019
Deadline 31 Dec 2020 (“Q4 2020”) · target 476 units
“Mylo Santa Clara, CA 476 $226 $36 Q3 2019 Q4 2020”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Facility other
- Indicative materiality
- Medium rules
- Action
- Achieve
- Deliverable
- Mylo apartment homes
- Where
- Santa Clara, CA
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2019-ESS-015962 · Corrections policy